Taseko Mines (LON:TKO) PT Raised to GBX 235

Taseko Mines (LON:TKO) had its price objective raised by Canaccord Genuity Group from GBX 220 ($2.78) to GBX 235 ($2.97) in a research note published on Monday, Marketbeat Ratings reports. The brokerage currently has a buy rating on the stock.

Taseko Mines Stock Performance

TKO opened at GBX 165 ($2.09) on Monday. The business’s 50-day moving average price is GBX 123.33 and its 200-day moving average price is GBX 109.56. The company has a market cap of £478.50 million, a P/E ratio of 8,250.00 and a beta of 2.09. Taseko Mines has a 12 month low of GBX 81 ($1.02) and a 12 month high of GBX 170 ($2.15).

Taseko Mines Company Profile

Taseko Mines Limited, a mining company, acquires, develops, and operates mineral properties. It explores for copper, molybdenum, gold, niobium, and silver deposits. The company's principal asset comprises 87.5% interest owned the Gibraltar mine located in British Columbia. It also holds interest in the Yellowhead copper project, the Aley niobium project, and the New Prosperity gold and copper project located in British Columbia; and the Florence copper project located in Arizona.